Housing Market Analysis for MILL LANE, NR16 2LQ

Are you looking to understand NR16 2LQ house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Breckland postcode.

For the location information and nearby amenities in the NR16 2LQ area, explore the NR16 2LQ Area information page.
For comprehensive crime statistics in the NR16 2LQ area, explore the NR16 2LQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NR16 2LQ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £502,938 median price is £500,000 Standard Deviation is £254,420 with Total Sold: 8
    • The Last 5 Year average price is £500,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE STABLES MILL LANE: £490,000 (Sold on 12 Apr 2021)
    • The first recorded sale happened at this postcode is MILL FARM HOUSE MILL LANE: £155,000 (Sold on 21 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average NR16 2LQ house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£490,000 £2,899 1
2019£510,000 £2,615 1
2011£899,000 £2,987 1
2008£549,750 £2,592 2
2006£680,000 £1,521 1
2003£190,0001
1997£155,000 £515 1

All the Sales in the MILL LANE, NR16 2LQ

See the table below for more details on the sold house prices in the NR16 2LQ, Breckland postcode.

AddressSold DatePrice% Change
THE STABLES MILL LANEDetached, FreeholdArea: 169 Sq.mtrAge: 1996-200212 Apr 2021£490,000First Sale
THE COTTAGE MILL LANEDetached, FreeholdArea: 195 Sq.mtrAge: 1983-199017 Sep 2019£510,000First Sale
MILL FARM HOUSE MILL LANEDetached, FreeholdArea: 300.93 Sq.mtrAge: before 190031 Oct 2011£899,00015.26%
11 Apr 2008£780,000403.23%
21 May 1997£155,000First Sale
STUDIO BARN MILL LANEDetached, Freehold08 Jul 2008£319,500First Sale
MILL HOUSE MILL LANEDetached, FreeholdArea: 447 Sq.mtrAge: 2003-200624 Aug 2006£680,000First Sale
MILL LODGE MILL LANEDetached, Freehold24 Mar 2003£190,000First Sale

Check out the sold house prices near the NR16 2LQ postcode. Properties currently for saleProperties currently for rent

MILL LANE, NR16 2LQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NR16 2LQ postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NR16 2LQ postcode.

  • Detached
    • The average price is around £420,275 median price is £402,500 Standard Deviation is £226,184 with Total Sold: 20
    • The Last 5 Year average price is £470,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , HOLE IN THE WALL HOUSE SNETTERTON SOUTH END: £400,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , MILL FARM HOUSE MILL LANE: £155,000 (Sold on 21 May 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£400,000 £2,837 1
2021£490,000 £2,899 1
2019£495,000 £2,952 2
2015£205,000 £2,440 1
2014£675,000 £1,400 1
2013£125,000 £1,488 1
2012£207,500 £1,591 1
2011£899,000 £2,987 1
2009£280,0001
2008£549,750 £2,592 2
2006£484,167 £1,521 3
2005£610,000 £1,266 1
2004£560,000 £1,162 1
2003£190,0001
1999£67,000 £798 1
1997£155,000 £515 1

House Type in NR16 2LQ area

The most common house types in the NR16 2LQ postcode area are Detached (54), Semi-detached (23), and Terraced (6).

Total84
Detached54
Semi-detached23
Terraced6
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (29), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright29
Owned: Owns with a mortgage or loan28
Private rented: Other private rented10
Social rented: Other social rented7
Private rented: Private landlord or letting agency7
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the NR16 2LQ have 2 people in household (32), and 3 people in household (18).

2 people in household32
3 people in household18
4 people in household15
1 person in household14
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0